RBI Fines L&T Finance ₹2.5 Cr for Non-Compliance
The Reserve Bank of India (RBI) has taken official action against it L&T Finance Limited by imposing a fine of ₹2.50 crore (Rupees two crore fifty lakh only) on the company. According to an RBI press release, this action follows non-compliance with specific provisions of the Non-Banking Financial Company – Systemically Important Non-Deposit Taking Company […]